Eastspring Investments, the asset management arm of insurance giant Prudential, has appointed a chief economist. As Prudential’s first chief economist, Ray Farris will provide macroeconomic views and research in alignment with an evolving global economic and geopolitical landscape, according to a company announcement on Monday. Based in Singapore, he will report to Eastspring Investments’ CIO, Vis Nayar, who joined the […]

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Private banks and asset managers are predicting that a regulatory crackdown in China will continue to ease going into 2022, but their views differ on whether it is the best time to start investing in the world’s second-biggest economy again. Where next for China?  China’s economic rebound has stumbled this year as regulators in the country have pursued a clampdown […]

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The US Federal Reserve is likely to focus on the unemployment rate aspect of its dual-mandate policy, indicating that it would be slower than current market expectations in acting ahead of inflation — or to rein it in — according to Credit Suisse. “The clear message from the leadership of the Fed is that they want to see unemployment rates […]

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This week: UBS GWM: Diversifying near-term exposure away from tech; BlackRock Investment Institute: Upgrading US equities to overweight; preference for “quality” large caps riding “structural growth” trends; Pictet Wealth Management: Risk that markets get ahead of themselves; HSBC Private Banking: RCEP reinforces Asia’s recovery and supports overweight position in China equities and bonds; Credit Suisse: Asia’s currencies are likely to […]

The post CIO Weekly – Featuring UBS Global Wealth Management’s Adrian Zuercher appeared first on Asian Private Banker.

Equity markets in Asia should fare better than expected in 2021, thanks to the fading of risks and a strong rebound, according to Credit Suisse’s Investment Outlook 2021. “For Asia Pacific equities, the aftermath of the US elections has turned out favourably for Asian risk markets as uncertainty faded,” said John Woods, chief investment officer Asia Pacific at Credit Suisse, […]

The post Risk assets to be flavour of the season in 2021, says Credit Suisse appeared first on Asian Private Banker.

On the eve of a critical Fed meeting, Asian Private Banker reached out to Asia’s private banks to gauge expectations on the upcoming FOMC discussions and gather views on the implications for markets. The start of 2019 marked a U-turn for the Fed, as the central bank not only cancelled plans to hike rates this year but also suddenly halted […]

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